$210,000
SOLD MAY 2, 2025

2543 S Wallace St Unit 7 Chicago, IL 60616

Bridgeport Neighborhood
2 Beds
1 Bath
820 Sq Ft
$206/mo HOA Fee

Recently Sold

$256 Per Sq Ft

9% Below List Price

6 Days on Market

Highlights

  • Laundry Room
  • Combination Dining and Living Room
  • Family Room
  • Forced Air Heating and Cooling System

About This Home

As of May 2025

Welcome to this beautifully updated second-floor gem with two bedrooms and one bathroom, perfect for those seeking a turnkey home in a prime location. This unit features laminated hardwood flooring, modern windows, a newer compressor, hot water heater and contemporary light fixtures, all complemented by a chic granite bathroom countertop and a freshly painted interior. With nothing left to do but move in, you'll appreciate the convenience of nearby public transportation and easy access to I90/94, Lake Shore Drive, and I55. Don't miss your chance to make this fantastic unit your own!

Last Agent to Sell the Property

Evan Peng

Landmark & Property Group, Inc License #475156410 Listed on: 03/26/2025

Last Buyer's Agent

Qian Kun Chen

Kale Realty License #475171061

Kale Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,098

HOA Fees

  • $206 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 820 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Laminate Flooring
  • Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, scavenger
  • 12 Units

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,098

Lot Details

0

HOA Fees

$206 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple
  • EntryLevel: 2
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Laminate
  • LivingArea: 820
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Wood Laminate

Exterior Features

  • Construction Materials: Brick
  • List Price: 230000
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 206
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Scavenger

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 75 X 128
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 3098.09
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2025
Closed on
Apr 30, 2025
Sold by
Zhen Howie
Bought by
Lee And Zhu Family Trust
Seller's Agent
Evan Peng
Landmark & Property Group, Inc
Buyer's Agent
Qian Kun Chen
Kale Realty
List Price
$230,000
Sold Price
$210,000
Premium/Discount to List
-$20,000
-8.7%
Views
49
Current Estimated Value
$216,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,204
Avg. Annual Appreciation
10.56%

Purchase Details

Closed on
May 2, 2022
Sold by
Zhen Howie
Bought by
Zhen Howie

Purchase Details

Listed on
Aug 6, 2013
Closed on
Oct 9, 2013
Sold by
Der David
Bought by
Zhen Howie and Zhao Yueqiong
Seller's Agent
James Luk
Eight Corners Realty Inc
Buyer's Agent
So Yin Ng
Goodland Realty Inc.
List Price
$170,000
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.05%
Original Mortgage
$136,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 1999
Sold by
Lakeside Bank
Bought by
Der David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,400
Interest Rate
7.77%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $210,000 First American Title
Quit Claim Deed -- Tsang Roger
Warranty Deed $170,000 Pntn
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $136,000 New Conventional
Previous Owner $15,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Sold $210,000 -8.7% $256 / Sq Ft
04/01/2025 04/01/25 Pending -- -- --
03/26/2025 03/26/25 For Sale $230,000 +35.3% $280 / Sq Ft
10/17/2013 10/17/13 Sold $170,000 0.0% $207 / Sq Ft
08/25/2013 08/25/13 Pending -- -- --
08/06/2013 08/06/13 For Sale $170,000 -- $207 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,098 $18,130 $3,960 $14,170
2023 $2,999 $18,000 $3,197 $14,803
2022 $2,999 $18,000 $3,197 $14,803
2021 $2,950 $17,999 $3,196 $14,803
2020 $2,892 $16,083 $3,196 $12,887
2019 $2,927 $17,999 $3,196 $14,803
2018 $2,877 $17,999 $3,196 $14,803
2017 $2,548 $15,211 $2,542 $12,669
2016 $2,546 $15,211 $2,542 $12,669
2015 $2,307 $15,211 $2,542 $12,669
2014 $2,270 $14,805 $3,087 $11,718
2013 $2,214 $14,805 $3,087 $11,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12322239

Midwest Real Estate Data (MRED)

APN: 17-28-127-025-1007